A Counting School - Hardcore Chartered Accountancy

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You can work for Porter Airlines and get your CA
In the "olden days," the only way to become earn your Chartered Accountant designation was by 'paying your dues' and working through your 'slave years' at a CA firm. Didn't matter if it was a small shop or one of the Big 4 (or 5 or 6, or 8, depending on when you started), they got a solid lock on you for the first two or three years of your fledgling career, until you had "put in your hours" at your "CA Training Office" before you were free to fly off. Well, the market demand for qualified young blood to deliver all that advisory and analytical goodness continued to push for more people, and the accounting and auditing shops could only accomodate so many newbies. The ICAO decided it'd make sense to open the field to other companies willing to subject train new grads to the UFE process. Hence came "CATOs" outside of the core accounting profession. New places are announced with regularity - the latest list includes the lovely...
Posted: Apr 10 2013, 08:13 PM by Krupo | with no comments
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The G20 police state comes to Toronto: shenanigans!
Globally I'm sure this is still off the radar, but in Canada we're all in a state of shock, having learned that the government plans to spend a billion dollars hosting the G8 and G20 summits this month: the G8 in the rural town of Huntsville, and the G20 in downtown Toronto. $1,000,000,000. Nice. I've seen the first wave of spending allocated to installing more security cameras, presumably temporarily removing the garbage cans downtown and replacing them with transparent bags taped to lamp posts - which just look fabulous in a ghetto chic sort of way - and let's not forget the coup de grace. They're scraping all the posters and political propaganda stickers off the lamp posts as well. I've seen it on my bike rides to work. Heaven forbid Obama learn that Paul Oakenfold had a show at the Koolhaus in March and they didn't invite Barry to check it out. Newspapers are hot on the trail of this unfolding fiasco. The Post asked the ten federal agencies getting this...
Canada's Big 4 CA firms post their summaries of the highlights from the proposed 2009 budget
The internet is full of lively conversations about Canada's proposed federal budget. @krisjoseph Tomorrow morn Jack Layton will pitch the burial of C Party leadership as a shovel-ready infrastructure project As with most parliamentary democracies, the government's budget must be approved by the elected officials in Parliament before it is accepted. If it is rejected - a risk in minority government scenarios such as the one Canada finds itself in - the government falls. The opposition can try to assemble a coalition government. Failing that, an election takes place. It must have been a little annoying to be a young CA tax professional with the thought in mind "this may never end up actually becoming the country's budget if the government falls tomorrow," while rushing to complete an astute summary of the budget to share with all the firm's clients and the general public. Knowing that everyone likes a little publicity, the firms promptly posted their highlights...
I feel bad for the undergrads at York University: the strike continues
Since November 6, most undergraduate students at Toronto's York University have been suffering from a strike that has shut down the university. CUPE, the union involved, represents both Teaching Assistants (read: horribly underpaid grad students) and part-time professors. Presumably if no professors were in this union the university could have just kept on going without its TAs. As the photo above suggests, I didn't go to York for my undergrad - but all Ontario CA students spend the month of June there at the School of Accountancy, where this photo was taken. It's a mix of small seminar-sized courses with 30 people or less, and a few larger lectures where SOA-wide announcements are made to all - generally right before or after the practice tests. For CA students, I'm curious to know what effect this strike will have.on the SOA - will it still be at York University this year? Or if classes resume and get pushed back into the summer, will the venue of that august institution...
Posted: Jan 10 2009, 04:21 AM by Krupo | with no comments
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No photos at the train station now? What for?
I'm not really in the mood to argue. I mean, I've had some excellent food lately, which should really put anyone in a good mood. But I'm still shocked and appalled. And I really should've replied to the news that photography is banned from the station with a chilly, "what for?" You see, according to the best guess of the Montreal train station's security, I apparently must look like a terrorist. Wow, they should've seen me when I was all scruffy and bearded in university. One of my friends from back then thought I was a History, rather than a Commerce student, for that simple fact. This is the second time in two months that I've been witness to an instruction from security to stop taking photos in a government-owned facility. And it's so stupid I wish I got drop the hammer on someone the way America's Henry Waxman does two and a half minutes into this video . Waxman is understandably annoyed with the stonewalling he gets from the EPA about...